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  2. 1978 California Proposition 13 - Wikipedia

    en.wikipedia.org/wiki/1978_California_Proposition_13

    Proposition 13 (officially named the People's Initiative to Limit Property Taxation) is an amendment of the Constitution of California enacted during 1978, by means of the initiative process, to cap property taxes and limit property reassessments to when the property changes ownership, and to require a 2/3 majority for tax increases in the ...

  3. What are property taxes, and how are they calculated? - AOL

    www.aol.com/finance/property-taxes-calculated...

    The IRS’s state and local tax (SALT) deduction allows taxpayers to deduct their property taxes on their federal tax returns, as well as their state income taxes or their sales taxes (but not ...

  4. How could a home that wasn't delinquent be sold for taxes?

    www.aol.com/finance/pay-bills-chicago-woman...

    Robin McElroy’s home was sold at a tax auction despite proof she paid on time. A swapped property ID, identified years earlier, caused years of panic and legal battles. ... in full before the ...

  5. Property tax in the United States - Wikipedia

    en.wikipedia.org/wiki/Property_tax_in_the_United...

    If the tax is not paid within a specified period of time (including additional interest, penalties, and costs), a tax sale is held, which may result in either 1) the actual sale of a property, or 2) a lien sold to a third party, who (after another specified period of time) may take action to claim the property, or force a later sale to redeem ...

  6. Tax sale - Wikipedia

    en.wikipedia.org/wiki/Tax_sale

    A tax sale is the forced sale of property (usually real estate) by a governmental entity for unpaid taxes by the property's owner.. The sale, depending on the jurisdiction, may be a tax deed sale (whereby the actual property is sold) or a tax lien sale (whereby a lien on the property is sold) Under the tax lien sale process, depending on the jurisdiction, after a specified period of time if ...

  7. 6 Things Every Homeowner Should Know About Property Taxes - AOL

    www.aol.com/finance/6-things-every-homeowner...

    Many mortgage companies make paying property taxes more manageable by paying your property taxes out of an escrow account you fund by paying 1/12 of your tax bill with each monthly mortgage payment.

  8. Taxation in California - Wikipedia

    en.wikipedia.org/wiki/Taxation_in_California

    At 7.25%, California has the highest minimum statewide sales tax rate in the United States, [8] which can total up to 10.75% with local sales taxes included. [9]Sales and use taxes in California (state and local) are collected by the California Department of Tax and Fee Administration, whereas income and franchise taxes are collected by the Franchise Tax Board.

  9. Foreclosure - Wikipedia

    en.wikipedia.org/wiki/Foreclosure

    In all U.S. jurisdictions, a lender who conducts a foreclosure sale of real property that has a federal tax lien must give 25 days notice of the sale to the Internal Revenue Service. Failure to give notice results in the lien remaining attached to the real property after the sale.

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